REA Group Ltd

Common Name
REA Group
Country
Australia
Sector
Communication Services
Industry
Internet Content & Information
Employees
3,406
Ticker
REA
Exchange
ASX
Description
REA Group Ltd. is a leading digital advertising company specializing in property and real estate services. Its primary function is to operate online platforms that connect property seekers with agents...

REA Group's Climate Target Data Preview

As of 2024, REA Group has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into REA Group ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2030
Absolute-based Target*
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2030

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*. This target is limited in scope and does not represent the company's full operational or organizational boundaries

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Insights into REA Group's Greenhouse Gas Emissions Pathways

As of 2024, REA Group has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint. a

Does REA Group have a target to reduce the emissions from its operations?

As of 2024, REA Group has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

REA Group's most ambitious operational target is to reduce these emissions by 42% by 2030, compared to a baseline of 1,681.5 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020. a

REA Group has already surpassed its operational emissions reduction target, with 2024 levels falling below the 2030 value, achieving its climate goal ahead of schedule. a

REA Group's Operational (Scope 1+2) Emissions Pathway

20202024203004509001.35 k1.8 kBaselineCurrent (-74%)Target 2030 (-42%)

Does REA Group have a target to reduce the emissions from its value chain?

As of 2024, REA Group has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol. a

REA Group's most ambitious value chain target is to reduce these emissions by 25% by 2030, compared to a baseline of 7,942.5 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020. a

Instead of reducing value chain emissions, REA Group has increased them, with 2024 levels exceeding those of the 2020 baseline, placing the company well behind its reduction target. a

REA Group's Value Chain (Scope 3) Emissions Pathway

20202024203003 k6 k9 k12 kBaselineCurrent (+29%)Target 2030 (-25%)

Verified Sources Behind REA Group’s Climate Targets Data

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